Alpha Cash Product Development

Job Description

What are we looking for?

State Street Alpha Service product team is seeking a versatile individual in a Vice President role with strong product development, product life cycle management and business analysis skills for the development and support of services and product offerings within the Alpha Cash Services team. This qualified individual will develop and deliver products, business solutions, and strategies aligned with our Alpha Cash services product roadmap, will collaborate with cash product implementation and data integrations for the success in product execution and adoption. This leader will be  expected to build relationships and collaborate with both business stakeholders and technology partnership order to contribute to the timely execution of long term strategic plans for building out sophisticated intra company solutions.

Why this job is important to us?

State Street Alpha brings together data and capabilities across the investment lifecycle to help our clients make better decisions, grow at scale, and deliver returns for their clients. We partner with clients to optimize their operations, data, and technology footprint by leveraging the Alpha Platform and outsourced Alpha Services. The successful candidate must be skilled in analyzing our complex business service flows across front, middle, and back office operating models for our Alpha Clients, with a focus on cash management and liquidity support services. They will also be driving the strategic solution design, business architecture, and business solutions/services while driving program/project execution and reporting.

What you will be responsible for?

• Establish strong partnerships with project sponsors and stakeholders in Operations, Technology, and other product teams within State Street to influence and coordinate cross-functional business solutions and products, in support of client and business goals.
• Act as a liaison between business and technology teams to support product demand opportunities as part of product strategy and development.
• Design, develop, and implement client-facing products. - Drive analysis and design using Agile practices and processes, focusing on establishing a culture and process of continuous delivery. - Possess strong knowledge of front-to-back Investment management/Investment services processes and various asset classes.
• Work with business and technology partners to establish clear connections between business goals, strategies, and the data and technology investments required to achieve them.
• Gather business/system requirements by facilitating user/client meetings and engaging with stakeholders. Liaise with stakeholders in order to establish and document implementation requirements in relation to cash, develop “use cases” to document requirements.
• Identify, compile, analyze, and document business requirements that accurately and thoroughly reflect business needs and changes.
• Assist in the development the conceptual/logical data models with appropriate business contexts
• Communicates recommendations to management/senior Alpha business leaders through effective written and oral communication.
• Encourages a customer focused, team driven mentality, mentors and develops direct reports.

What we value?

These skills will help you succeed in this role:

• Creation of business process flows and defining the business problem, solution, and design using various tools such as Visio.
• Proven experience with business requirements analysis to meet critical business needs, must display an ability to drive tasks through to completion.
• Knowledge of creating operating models and or control and workflow capabilities
• Strategic thinker with strong business analysis and planning skills. Capable of identifying and interpreting wider-ranging issues: ‘Big picture’ understanding.
• Excellent time management and organization skills, with the ability to manage multiple competing priorities.

• Ability to think creatively and strategically with a focus on achieving outcomes. - Experience with writing features/requirements.
• Product Owner role experience using Agile Methodologies.
• Proven related financial services experience. Good understanding of State Street businesses.
• Demonstrate understanding of Operations processes and procedures and an ability to learn quickly.
• Excellent interpersonal, communication, facilitation, presentation and negotiation skills.
• Proficiency with MS Office Products; MS Access, Visio; Jira, Confluence, PowerPoint. - Demonstrated excellence in business writing, development of business process flow diagrams, making comparisons regarding current and future processes, and effective communication.

Education & Preferred Qualifications:

- Bachelor’s degree in finance, MIS, Information Technology, or a related field of study.

- 12+ years of experience in data analysis, Operations, or Product management.

- Ability to write SQL code for data analysis.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

$115,000 - $190,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street's Speak Up Line